84512
Average Age of Passenger Fleet Reduces by 22%
Average Age of Passenger Fleet Reduces by 22%
Thursday, April 12, 2018

Average Age of Passenger Fleet Reduces by 22%

Thursday, April 12, 2018

Average Age of Passenger Fleet Reduces by 22%

The average age of Iran’s passenger wagons decreased by 22% to 28.5 years in the last fiscal (March 2017-18) from 36.9 years in the previous year, CEO of Raja Railway Transport Company, Mohammad Rajabi, said. Raja is affiliated to the Islamic Republic of Iran Railways and manages passenger trains. Rajabi noted that the company disposed of around 200 decrepit wagons last year, adding that the number of passenger wagons in Iran presently stands at 1,100, IRNA reported. “We plan to add 50 new passenger wagons to the fleet in the current year,” he said. Having signed multibillion dollar deals last year, Iran also inked contracts with China and Russia for the joint production of rolling stocks to further reduce the age of its rail fleet.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/qbQWWt
04/12/2018
  1. https://goo.gl/h32cG1
  • https://goo.gl/gdyQ19
  • https://goo.gl/5KB6fS
  • https://goo.gl/sKujyM
  • https://goo.gl/wm4P2Q

You can also read ...

Most French Firms ‘Won’t Be Able to Stay’ in Iran
Most French companies hoping to keep doing business in Iran...
Iran, Syria Mull Prospects of Economic, Trade Cooperation
Syrian Minister of Economy and Foreign Trade Mohammad Samer al...
Iran to Make Most of Eurasia Preferential Trade Agreement
Iran’s ambassador to Kazakhstan highlighted Tehran’s efforts...
President Hassan Rouhani, flanked by Parliament Speaker Ali Larijani (R) and Judiciary Chief Ayatollah Sadeq Amoli Larijani, attended the meeting in Tehran on June 19.
The Supreme Council of Economic Coordination, a joint meeting...
Iran Steel Output Surges 13%
Iranian steelmakers produced a total of 7.66 million tons of...
Second Preparatory Meeting for ‘Sports Economy Conference’
Donya-e-Eqtesad Media Group played host to the second...
Border Transit Rises 11% in 2 Months
More than 1.59 million tons of commodities were transited...
TSE Gauge Ends Tuesday Trade 1.89% Higher
Tehran's stock market bulls continued to lift up equities in a...

Add new comment

Trending

Googleplus